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Rs 145b spent on import of edible oil
 
June 12, 2012
 
 
Rs 145b spent on import of edible oil


ISLAMABAD - Pakistan has spent Rs 145 billion on import of 1.467 million tons of edible oil to meet the local needs during eight months of this fiscal year. The major oilseed crops grown in the country include sunflower, canola, cottonseed and mustard and local production during the period was 0.636 million ton. An official source on Tuesday said although cotton crop is grown for its lint, cotton seed contributes 50pc to 60pc to local edible oil production. At present, total requirement of edible oil in the country is 2.045 million tons and during the year 2010-11 import bill reached Rs 224 billion (US$ 2.611 billion), the official said. 

 
 
on epaper page 16
 
 
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